Pan African promises super dividends
Pan African Resources has proposed to pay a 37.9% increase in dividend, with CEO Jan Nelson saying investors can expect more of the same in future.
Jewellers, consumers seek gold alternative
Silver, bronze, ebony and plastics are seeing greater use in jewellery as surging gold prices put off price-conscious consumers, say jewellery makers at an international trade fair.
Aurora firm provisionally liquidated
A transport logistics company says it has been granted a provisional liquidation order against the company through which Aurora has managed Pamodzi Gold's Orkney assets.
Finger of blame falls on Pamodzi liquidator
Political connections saw some 600 liquidations over eights years handed to Enver Motala, the liquidator involved in the controversy ridden handling of Pamodzi Gold by Aurora Empowerment.
Gold rebounds but heads for weekly loss
Gold was heading for a weekly loss as investors digested plans by US President Barack Obama to spur economic growth which could dent bullion's safe-haven appeal.
Harmony struggles despite gold bonanza
Why does Australian gold miner Newcrest get more for its 50% stake in the Wafi-Golpu gold deposit than its joint venture partner, Harmony Gold? Here's some answers.
Union applauds Motala’s removal
Solidarity welcomes the decision by South Africa's minister of justice to remain Enver Motala from the panel of liquidators following his role in the Aurora Empowerment controversy.
Gold choppy, but safe bet in long term
The outlook for gold would remain choppy, analysts said, with repeated liquidations, but in the long-term the metal would serve as a base to offset broader economic risks.
Froneman nets R11m in ‘retention fee’
Gold One CEO, Neal Froneman, also praises shareholders for recognising the value of the firm's combination with the Chinese.
SA gold reserves increase 13% to $7.3bn
The 13% increase in the spot price of gold contributed to a surge in South African foreign reserves in August, the Reserve Bank said in a statement.